News coverage about KKR & Co. L.P. (NYSE:KKR) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. KKR & Co. L.P. earned a news impact score of 0.18 on Accern’s scale. Accern also assigned media coverage about the asset manager an impact score of 46.8388736074001 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- HDFC to raise $1.75 billion from investors including GIC, KKR (finance.yahoo.com)
- Stock Traders Buy Large Volume of KKR & Co. L.P. Call Options (KKR) (americanbankingnews.com)
- KKR & Co. L.P. (KKR) Rating Reiterated by Jefferies Group (americanbankingnews.com)
- [$$] The Add-On Deal Roundup: Jan. 11 (finance.yahoo.com)
- KKR & Co. L.P. (KKR) Given a $24.00 Price Target by Sandler O’Neill Analysts (americanbankingnews.com)
KKR has been the subject of a number of recent analyst reports. Goldman Sachs Group upgraded shares of KKR & Co. L.P. from a “neutral” rating to a “buy” rating in a research note on Monday, October 16th. Sandler O’Neill initiated coverage on shares of KKR & Co. L.P. in a research note on Tuesday, November 28th. They issued a “hold” rating for the company. Zacks Investment Research cut shares of KKR & Co. L.P. from a “buy” rating to a “sell” rating in a research note on Wednesday, October 11th. Morgan Stanley increased their price target on shares of KKR & Co. L.P. from $20.00 to $21.00 and gave the company an “equal weight” rating in a research note on Thursday, October 5th. Finally, TheStreet cut shares of KKR & Co. L.P. from a “b” rating to a “c+” rating in a research note on Thursday, October 26th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $24.20.
KKR & Co. L.P. (NYSE:KKR) last released its quarterly earnings results on Thursday, October 26th. The asset manager reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.06). KKR & Co. L.P. had a return on equity of 9.39% and a net margin of 35.65%. The business had revenue of $356.00 million for the quarter, compared to the consensus estimate of $314.80 million. During the same period in the prior year, the business posted $0.71 earnings per share. KKR & Co. L.P.’s revenue was up 29.0% compared to the same quarter last year. sell-side analysts expect that KKR & Co. L.P. will post 2.43 EPS for the current year.
KKR & Co. L.P. Company Profile
KKR & CO. L.P. (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and hedge funds. The Company’s business offers a range of investment management services to its fund investors, and provides capital markets services to its firm, its portfolio companies and third parties.
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